الثلاثاء، ديسمبر 21، 2010

Corporate America's Plan to Loot Our Pensions

December 18, 2010

Corporate America's Plan to Loot Our Pensions Is the Latest Battle in Decades-Long Assault on the Middle Class

By Arun Gupta

While the safety net is being withered by attrition, record corporate profits are deemed off-limits for discussion about closing the budget gap.

The severe economic crisis, now in its fourth year, is being used to batter the remnants of the social welfare state. Having decimated aid to the poor over the last 30 years, especially in the United States, the economic and political elite are now intent on strangling middle-class benefits, namely state-provided pensions, health care and education.



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